CNB cuts interest rate, pushing Czech crown to weakest level in almost two years
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Good intentions are behind the reduction in the interest rate, though, as the central bank hopes to stimulate spending and boost mortgages' accessibility.
EXPLAINED: Why Czechia's euro adoption uproar is dividing the government
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On Monday afternoon, Czechia's EU affairs minister went rogue, breaking from coalition ranks and appointing an adviser for euro adoption.
Leader Talks: Outgoing Greenpeace Director Zahide Tuğba Şenterzi on Czechia’s green future
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Greenpeace’s environmental campaigning has played a major role in encouraging a shift towards greater environmental protection.
Amid an economic downturn, Dubai offers an attractive alternative for investors in Czechia
While the Czech real estate market stagnates, demand in Dubai soars as high as the city’s famous skyscrapers.
Hit the road smarter and safer: The dos and don'ts of renting a vehicle worldwide
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Insurance experts DEFEND INSURANCE on the ins and outs of choosing a rental car service and the benefits of a third-party insurance provider.
Prague's most iconic department store is closing its doors on Feb. 1
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The brutalist communist-era Kotva building will be reconstructed and renovated, opening again to the public in 2027.
A Czech legal expert on why trust funds are perfect for protecting wealth
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Creating trust funds in Czechia only became possible a decade ago, but is quickly becoming a popular vehicle for transferring assets between generations.
VAT drops, but not all foods in Czechia have become cheaper – why?
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A study comparing four major retail chains in Czechia has found that, since a change in the country's VAT system, prices have generally declined.
A compromise between cards and cash? Czech banks launch new payment system
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The new tool which negates the need for a classic payment terminal, helps reduces fees for businesses and is open to all bank clients.
Less bureaucracy, more foreign talent: Could these reforms save the Czech economy?
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To counter Czechia's faltering economy, the NERV advisory body has revealed 37 recommended changes to the labor market, public administration, and more.
Leader Talks: Orlen Unipetrol CEO Tomasz Wiatrak on the fuel industry's race to a sustainable future
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We talked to a Central European petrochemical and fuel industry leader about the global energy transformation and the future of fossil fuels in Czechia.
EXPLAINED: A step-by-step guide to car insurance for foreigners in Czechia
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From finding the right provider to choosing the right coverage, our guide to insuring your ride will help you (legally) hit the road.
EXPLAINED: Why Czech PM is saying 'not yet' to euro adoption
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In a program statement, Fiala definitively ruled out talks about adopting the single currency until late 2025 – he says the country is not prepared yet.
Supermarkets pledge to reduce food prices – but will they drop in 2024?
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The drop in the VAT rate for food – from 15 to 12 percent – has raised hopes for a drop in supermarket prices in 2024. However, this may not be a reality.
Czechia navigates pivotal 2024 with elections, tax reform, and nuclear questions ahead
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Elections for one-third of the Senate will serve as a crucial test for political parties leading up to the 2025 general elections.
Euro adoption pros and cons: Czech economists react to the president's speech
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Political analysts and economics shared mixed views on Czech President Petr Pavel's New Year's Day speech which advocated for euro adoption.
Water and heating prices to increase in Prague next year
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Gas and electricity prices, however, will remain stable, while the cost of public transportation tickets will also remain the same.
